Overview
- Revanth Reddy cautioned that higher U.S. tariffs and an increased H‑1B visa fee risk economic fallout and could create unrest and misunderstandings between the countries.
- The remarks came during a Hyderabad meeting with an American delegation of business leaders, think‑tank figures and philanthropists focused on investment and policy exchange.
- Delegation members included Walter Russell Mead, Mark Rosenblatt, Harlan Crow, Ravenel Curry and Henry Billingsley, according to the Chief Minister’s Office.
- The Chief Minister outlined the Telangana Rising 2047 vision, targeting a $1 trillion state economy by 2034 and $3 trillion by 2047 with projects spanning ring roads and rail, a dry port, Musi riverfront rejuvenation and Metro expansion.
- He sought U.S. industry support for developing Bharat Future City, invited Fortune 500 firms to establish a presence, and highlighted plans for an AI university and for Hyderabad’s GCCs to evolve into value centers within a China+1 strategy.